Idealistorg Inc
Idealistorg Inc reports a $2.18 million deficit in 2023 after two years of strong surpluses.
EIN: 133836763 · New York, NY · NTEE: Q200 · Updated: 2026-03-28
Is Idealistorg Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Idealistorg Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Idealistorg Inc
Idealistorg Inc (EIN: 133836763) is a nonprofit organization based in New York, NY, classified under NTEE code Q200. The organization reported total revenue of $5.7M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idealistorg Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Idealistorg Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Idealistorg Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Idealistorg Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to its officers, which is highly unusual for an organization of its size with revenues often exceeding $8 million annually.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Idealistorg Inc's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312) where expenses ($8,265,817) exceeded revenue ($6,086,925).
- Unusually consistent 0% officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Idealistorg Inc:
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
- Substantial asset base ($10,030,347 in 2023) providing financial stability.
- Demonstrated ability to generate significant revenue, often exceeding $8 million annually.
- Consistent operation over many years, suggesting a stable and established organization.
Frequently Asked Questions about Idealistorg Inc
Is Idealistorg Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Idealistorg Inc (EIN: 133836763) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Idealistorg Inc spend its money?
Idealistorg Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Idealistorg Inc tax-deductible?
Idealistorg Inc is registered as a tax-exempt nonprofit (EIN: 133836763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Idealistorg Inc incur a significant deficit of over $2 million in 2023?
The 202312 filing shows expenses of $8,265,817 against revenues of $6,086,925, resulting in a deficit. The specific reasons for this increase in expenses relative to revenue are not detailed in the provided summary data but would be found in the full 990 filing.
How does Idealistorg Inc sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization has a unique operational model where executive leadership is not directly compensated in this manner.
What is the trend in Idealistorg Inc's net assets?
Net assets have fluctuated. After significant growth from $2.2 million in 2015 to $13.19 million in 2022, they decreased to $10.03 million in 2023 due to the deficit, but remain substantially higher than a decade ago.
Is Idealistorg Inc financially stable despite the 2023 deficit?
While the 2023 deficit is notable, the organization still holds over $10 million in assets and has a history of generating substantial revenue, suggesting a degree of financial resilience. However, sustained deficits would be a concern.
Filing History
IRS 990 filing history for Idealistorg Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Idealistorg Inc's revenue has grown by 67.3%, moving from $3.6M to $6.1M. Total assets increased by 1817.2% over the same period, from $523K to $10.0M. Total functional expenses rose by 145.8%, from $3.4M to $8.3M. In its most recent filing year (2023), Idealistorg Inc reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $10.0M in assets (debt-to-asset ratio: 39.2%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $8.3M | $10.0M | $3.9M | — | — |
| 2022 | $9.8M | $8.3M | $13.2M | $4.9M | — | — |
| 2021 | $10.1M | $7.0M | $8.9M | $2.1M | — | View 990 |
| 2020 | $5.0M | $7.2M | $6.4M | $2.7M | — | View 990 |
| 2019 | $8.7M | $8.2M | $7.6M | $1.8M | — | View 990 |
| 2018 | $8.9M | $7.3M | $7.0M | $1.8M | — | View 990 |
| 2017 | $8.7M | $7.4M | $5.1M | $1.4M | — | View 990 |
| 2016 | $8.6M | $7.7M | $3.0M | $633K | — | View 990 |
| 2015 | $7.8M | $6.5M | $2.2M | $697K | — | View 990 |
| 2014 | $6.9M | $5.4M | $1.5M | $1.3M | — | View 990 |
| 2013 | $5.2M | $4.9M | $655K | $1.9M | — | View 990 |
| 2012 | $4.4M | $3.7M | $779K | $2.3M | — | View 990 |
| 2011 | $3.6M | $3.4M | $523K | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $8.3M, and assets of $10.0M (revenue -38.0% year-over-year).
- 2022: Revenue of $9.8M, expenses of $8.3M, and assets of $13.2M (revenue -2.8% year-over-year).
- 2021: Revenue of $10.1M, expenses of $7.0M, and assets of $8.9M (revenue +100.5% year-over-year).
- 2020: Revenue of $5.0M, expenses of $7.2M, and assets of $6.4M (revenue -42.3% year-over-year).
- 2019: Revenue of $8.7M, expenses of $8.2M, and assets of $7.6M (revenue -1.3% year-over-year).
- 2018: Revenue of $8.9M, expenses of $7.3M, and assets of $7.0M (revenue +1.6% year-over-year).
- 2017: Revenue of $8.7M, expenses of $7.4M, and assets of $5.1M (revenue +1.5% year-over-year).
- 2016: Revenue of $8.6M, expenses of $7.7M, and assets of $3.0M (revenue +9.7% year-over-year).
- 2015: Revenue of $7.8M, expenses of $6.5M, and assets of $2.2M (revenue +13.3% year-over-year).
- 2014: Revenue of $6.9M, expenses of $5.4M, and assets of $1.5M (revenue +33.2% year-over-year).
- 2013: Revenue of $5.2M, expenses of $4.9M, and assets of $655K (revenue +16.6% year-over-year).
- 2012: Revenue of $4.4M, expenses of $3.7M, and assets of $779K (revenue +22.2% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.4M, and assets of $523K.
Data Sources and Methodology
This transparency report for Idealistorg Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.